IT security risk can be defined as the unauthorised access, use, disclosure, disruption, modification, or destruction of information that has the potential to cause undesirable consequences. The origins of IT security risks can range anywhere from cyber threats to human error.
IT security risks can have serious consequences for businesses if left unchecked. For example, a data breach could result in sensitive information being leaked from an organisation’s databases, resulting in repeat cyber attacks, financial losses, loss of customer trust, and potentially legal penalties.
As the risk landscape continues to evolve, IT security risk management frameworks play a role in helping organisations of all types prepare for the potential risks they will have to face.
In a business environment where IT security risks are highly volatile and unpredictable, the frameworks discussed here offer valuable guidance for organisations to formulate security strategies that will enhance their Critical infrastructure risk assessment.
|